Someone Really Spent $650,000 On An NFT Superyacht
If you’re a regular follower of M2, you’ll know that we love a good superyacht. The sheer scale of design and engineering that goes into these magnificent boats is truly special, and even the ones that never make past the conceptual stage are fun to fantisise about. I mean, at least in theory, those concepts are designed with the hope of one day coming to fruition, right? However, the latest superyacht that has popped up on our radar has no such expectations. Instead, in a story that would only make sense in the context of this increasingly confusing world we live in, the superyacht we come to you with today is not one that is on the water, nor is it one that ever will be, in a physical sense anyway. It is, of course, an NFT. And it just sold for an un-godly price.
The admittedly superbly named Metaflower is an (ironically) rather cheap looking virtual boat that will be usable on the metaverse platform The Sandbox. The piece was put on offer as part of ‘luxury’ NFT investment company Republic Realm’s “The Fantasy Collection” and was sold to an unknown buyer for 149 ETH (ethereum) or, in regular people language, $650,000 USD. Yes, you counted those zeros correctly. Over half a million real American dollars for a boat that you can never step foot on, never enter the cabin of, and never throw up over the side of due to seasickness (as there is no sea for it to float on, do you get what I’m saying here?) For what its worth, according to its listing the ‘yacht’ has a number of amenities that grant it it’s ‘luxury’ status, including a DJ booth and dancefloor, a jacuzzi and of course, two helipads for those virtual helicopters that’ll need somewhere to land. The Metaflower is just one of many ridiculously impractical water vehicles Republic Realm has to offer in its Fantasy Collection, as well as a range of speedboats (top speed unclear) and jet skis (sits… well, zero people).
Ultimately, I’m no financial advisor and have no right to tell someone how to spend their hard earned cash. However, I would suggest that maybe, just maybe, half a million bucks could be spent more wisely than on a vehicle that can never take you anywhere (especially one that doesn’t even look good!).
Top image courtesy of Republic Realm.